Keating told The Conversation that taxation revenue will need to rise by another 3 percentage points of GDP in the next three decades.

Finance Minister Bill Morneau and Prime Minister Justin Trudeau leave the Prime Minister’s office holding copies of the federal budget in Ottawa in March. Would Canada benefit from a Budget Honesty Charter of the type that’s had success in Australia?
(THE CANADIAN PRESS/Sean Kilpatrick)October 23, 2017

Although the Fed delayed raising rates this month, it has signaled it intends to wean the U.S. economy off its unprecedented monetary stimulus. Now the question is whether Congress will take the handoff.

Much like a Rio Olympics basketball match, the United States’ economy is coming out on top while Australia lags behind.
Jim Young/ReutersAugust 11, 2016